Visual Effects Society is located in Sherman Oaks, CA. The organization was established in 1998. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2021, Visual Effects Society employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visual Effects Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Visual Effects Society generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE ATTACHED
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roth Eric Executive Director | Officer | 40 | $206,041 |
Clifton-Perry Emma 1st Vice-Chair | OfficerTrustee | 0.25 | $0 |
Cooke Lisa Chair Of The Bod | OfficerTrustee | 0.25 | $0 |
Graham Gavin Secretary | OfficerTrustee | 0.25 | $0 |
Tanaka David 2nd Vice-Chair | OfficerTrustee | 0.25 | $0 |
Okun Jeffrey Treasurer | OfficerTrustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $852,820 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,640 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $861,460 |
Total Program Service Revenue | $1,609,586 |
Investment income | $6,003 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $9,915 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,487,198 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $206,041 |
Compensation of current officers, directors, key employees. | $45,049 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $497,377 |
Pension plan accruals and contributions | $20,343 |
Other employee benefits | $34,877 |
Payroll taxes | $52,966 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $40,540 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $652,147 |
Advertising and promotion | $0 |
Office expenses | $4,276 |
Information technology | $5,131 |
Royalties | $0 |
Occupancy | $96,024 |
Travel | $407 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,683 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,999 |
Insurance | $25,205 |
All other expenses | $274,244 |
Total functional expenses | $1,923,260 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,105,703 |
Savings and temporary cash investments | $1,334,552 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $314,590 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $48,379 |
Net Land, buildings, and equipment | $20,006 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,531 |
Total assets | $2,829,761 |
Accounts payable and accrued expenses | $64,044 |
Grants payable | $0 |
Deferred revenue | $174,960 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $23,899 |
Total liabilities | $262,903 |
Net assets without donor restrictions | $2,566,858 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,829,761 |
Over the last fiscal year, we have identified 1 grants that Visual Effects Society has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Katie Mcgrath & J J Abrams Family Foundation Encino, CA PURPOSE: UNRESTRICTED SUPPORT | $1,000 |